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Chicopee 01013
48 Sycamore Lane
$400,000
● House - Off Market

48 Sycamore Lane

Chicopee, MA 01013
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$519,298
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

NEW CONSTRUCTION ready for ocupancy Dec 2020.  : This is the updated open floor plan in the traditional Colonial that you've been looking for!  Check out this gorgeous kitchen with granite counters, tile backsplash and large island that is adjacent to the dining area that leads to the spacious family room.  What a wonderful space for entertaining!  Great master suite upstairs with a tray ceiling, walk-in closet and double vanity master bath. Come visit one of the newest subdivisions in Chicopee!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #72626570)

Price History

Date / Event Date Event Price
Jan 29, 2021 Sold
Premium
Sold
Mar 2, 2020 Listed by Berkshire Hathaway HomeServices Realty Professionals $399,900
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,302
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,192
  • Gross Building Area: 3,844
  • Building Area: 2,192
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,192
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000512
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Chicopee School District
  • School Tax School District: CHICOPEE SD
  • Census Tract: 811000

Geography

  • Account Number: 121-00045
  • Parcel: CHIC M:0121 P:00045
  • Municipality: CHICOPEE
  • Latitude: 42.153
  • Longitude: -72.5976

    Address

  • Full Address: 48 Sycamore Ln
  • Address - House Number: 48
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Chicopee
  • Carrier Code: C010
  • 4-Digit Zip Code: 4400
  • Zip Code: 01013

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $684,100

    Appraisal Valuation

  • Standard Deviation: 0.1746
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 476,774
  • High Value: 560,033
  • Low Value: 393,514

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $463,500
  • Assessed Land Value: $115,400
  • Assessed Improvements Value: $348,100

    Sales

  • Current Sale Contract Date: Jan 28, 2021
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6868
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chicopee

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1833 ft²

Average Home Age

81.2 years

Currently For Sale

59 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72626570

Frequently Asked Questions

When was property at 48 Sycamore Lane built and last sold?
The property at 48 Sycamore Lane was built in 2020 and last sold on Jan 28, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 48 Sycamore Lane is $408,624.
What are some comparable homes to 48 Sycamore Lane?
There are currently no comparable homes to 48 Sycamore Lane.
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